Page 21 - Respond 2020 Magazine

RESPOND

STATKRAFT STATKRAFT CHILE
Statkraft is a leading international company in
hydroelectric power generation and the largest
generator of renewable energy in Europe. COMMITTED TO
The group produces hydroelectric, wind, solar
energy and supplies district heating. Statkraft
is a leading company in energy market SUSTAINABLE DEVELOPMENT
management and has 3,600 employees across
16 countries.

nergy systems around the world are changing,
and they are changing at a rapid pace. Globally,
Ewind and solar power are being developed on a
scale that we have never seen before and there is still
much more to come. As this enormous growth unfolds,
the need to be more flexible increases.

The decrease in energy costs has certainly changed the power
generation scenario and has encouraged an ever-increasing
public interest in renewable energy.

Access to clean energy makes electricity from renewable sources
an increasingly effective solution to the enormous challenge of
fighting climate change. This is of utmost importance given that
75% of global emissions are related to energy.
All these changes represent challenges but also significant
opportunities for those who are able to adapt. During our 120-
year history we have faced enormous changes. And this current
change is one that we meet with optimism and high expectations.
A demonstration of this is our current strategic ramp up of solar,
wind and hydropower project investment in South America,
Europe and India.
Chile and its enormous potential
Although most of the energy used in Chile uses fossil fuels as
a base, the eyes of the world are on the special conditions that
Chile has to contribute to the development of renewable energies.
These conditions have led to an increased input of renewable
energy to the Chilean power system over recent years. As an
example, in 2018 alone more than 46% of Chile’s installed power
was generated by natural resources.
From Europe, Statkraft predicted that potential and in 2014
decided to commence operations in this country. Today, the
company owns 50% of La Higuera and La Confluencia Hydro
Power Plants, Rucatayo Hydro Power Plant and is currently
constructing Los Lagos Hydro Power Plant. The company recently
announced the purchase of three wind projects in the central zone
of Chile and is actively seeking new opportunities for growth in
clean renewable energy.
With the strongest solar radiation in the world, robust northerly
winds and invaluable water resources, Chile is set to become a
world power in clean energy, which is the fundamental basis for a
green future.
And at Statkraft, we want to champion this revolution. Given that
clean energy is a basic condition for a modern society and the
most powerful tool to fight against climate change, Statkraft is
committed to develop the energy sources for a low-carbon future.
Statkraft Chile
www.statkraft.com
www.statkraft.cl

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